Structural Steel Market Trends 2021 Analysis, Growth Factors and Global Forecast to 2026

By Rahul Sankrityayan

Structural Steel Market share was valued at USD 285 billion in the year 2019 and is projected to surpass a revenue of USD 500 billion by the year 2026.

Know about Market growth in New Research and its Top growing factors by Key Companies like

  1. ArcelorMittal S.A.
  2. Shagang Group Co. Ltd.
  3. Hesteel Group Company Limited
  4. Nippon Steel & Sumitomo Metal Corporation
  5. POSCO
  6. VISA Steel
  7. Steel Authority of India Limited
  8. Anyang Iron & Steel Group Co. Ltd
  9. China BaoWu Steel Group Corporation Limited
  10. Tata Steel
  11. China Steel Corporation
  12. Novolipetsk Steel
  13. Evraz Group
  14. Hyundai Steel Co. Ltd. (HSC)
  15. SHYAM STEEL INDUSTRIES LIMITED
  16. Shaaban Steel
  17. Gerdua S/A JSW Steel Limited
  18. Maanshan Iron and Steel Company
  19. Nucor Corporation
  20. Nanjing Iron & Steel United Co. Ltd
  21. Erdemir Group
  22. Hunan Valin Iron & Steel Group Co. Ltd
  23. HBIS Group Co. ltd
  24. JFE Steel Corporation
  25. Voestalpine AG
  26. Severstal
  27. SSAB AB
  28. InfraBuild
  29. Gunung Steel Group
  30. Jindal Steel and Power Ltd
  31. Salzgitter AG
  32. Stahlwerk Thüringen GmbH
  33. AFV Acciaierie Beltrame
  34. Duferdofin-Nucor
  35. Riva Fire SpA
  36. Celsa Cia Espanola de Laminacion SL
  37. British Steel
  38. POSCO SS Vina
  39. AK Steel Holding Corporation

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The worldwide Structural Steel Market to register a CAGR of 7.7% over the period of 2020–2026. Analysis of the report based on competitive landscape, evolving technologies, current business trends, key industry players, growth pattern, and demand projections by the year 2026. The report also includes an in-depth analysis of the market based on its segments and sub-segments.

The latest study provides an in-depth analysis of the market focusing on various market definitions, segmentations, sub-segmentations, products, as well as applications. The report further details of the competitive landscape – outlining the information about the prominent market players at the global as well as the regional level. The development strategies and anticipated growth tactics of the industry players are further highlighted in the study.

The report also contains a detailed overview of the present trends and the forecast growth pattern of the Structural Steel Market till the year 2026. The factors impacting the product penetration and demand such as technology implementation, innovations, etc. are also presented in a detailed manner.

Report Growth Drivers - 

  1. North America: Growing Steel consumption and increasing residential housing units
  2. Europe: Growth in Residential and Non-Residential infrastructure
  3. Asia Pacific: Growing infrastructure and increasing number of skyscrapers

The report overall depicts the potential opportunities for the Structural Steel Market till the year 2026 based on SWOT analysis, growth strategies by the major vendors prevalent in the current scenario, surveys highlighting the current as well as emerging trends, etc. The chief segmentation criteria for Structural Steel Market include product landscape, technology landscape, type landscape, end-use landscape, and application landscape. Each of these bifurcations presents a holistic overview of the market opportunities by analysing these parameters separately as well as entirely, thereby presenting forecast trends and growth potential of the Structural Steel Market till 2026.

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Market Segmentation:

Report based on Product Segment 

Heavy Structural Steel [Angle[L Shaped], Bearing Pile [H Shaped], Channel [C Shaped], I Beam [ I Shaped], Tee [T Shaped], Pipe, Hollow Steel Section [HSS] {Square Hollow Section [25*25mm to <400*400mm], Rectangular Hollow Section [50*25mm to <450*250mm], Circular Hollow Section [20mm to

Comprehensive Review of Market Growth, Applications, and Future Prospects

Residential, Non Residential [Commercial, Institutional, Offices, Health Buildings], Industrial [Energy Development {Onshore Structure, Offshore Structure}], Station & Hangers, Bridges

Key Reasons to Purchase the Market Report

  1. The report elaborates on an in-depth evaluation of the market with respect to the product type segment, end-use segment, regional segment, and market opportunities till 2026
  2. A detailed data review alongside the meta-analysis of the market – with respect to the global vendors as well as regions – until 2026
  3. An in-depth understanding of the driving factors that will influence the market demand and preventive strengths in the market
  4. The report helps identify the latent growth opportunities of the market along with the CAGR forecast till 2026.
  5. The report will also help identify basic problems, solutions, and product developments to manipulate the progress threat.

 

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About Author


Rahul Sankrityayan

Fortified with a post-graduate degree in Computer Applications, Rahul Sankrityan writes for Technology Magazine, where he pens down news and articles spanning across segments of technology industry that excite him on a day-to-day basis. Rahul comes with a rich experience in technical field as well a...

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